VICI Properties grants director 5,562 shares

VICI Properties Inc. director John M. Sullivan acquired 5,562 shares of common stock on September 24, 2026, through a grant under the company’s 2017 Stock Incentive Plan.

Rhea-AI Filing Summary

VICI Properties Inc. director John M. Sullivan acquired 5,562 shares of common stock on September 24, 2026, through a grant under the company’s 2017 Stock Incentive Plan. The shares were issuable in respect to a portion of his annual board and committee retainer fees. Sullivan directly held 5,562 shares following the grant.

Insider Trade Summary

Grant/Award: 5,562 shares

Grant/Award 1 txn

Insider Sullivan John M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	5,562	$0.00	$0.00

Holdings After Transaction: Common Stock — 5,562 shares (Direct)

Footnotes (1)

1. F1. On September 24, 2026, the Reporting Person was granted 5,562 shares of common stock under the VICI Properties Inc. 2017 Stock Incentive Plan, consisting of shares issuable in respect to a portion of such Reporting Person's annual board and committee retainer fees.

Key Figures

Common shares granted: 5,562 shares Direct common shares held following grant: 5,562 shares

2 metrics

Common shares granted 5,562 shares Granted September 24, 2026

Direct common shares held following grant 5,562 shares John M. Sullivan’s reported position after the grant

Key Terms

2017 Stock Incentive Plan, annual board and committee retainer fees, shares issuable in respect to

3 terms

2017 Stock Incentive Plan financial

"under the VICI Properties Inc. 2017 Stock Incentive Plan"

annual board and committee retainer fees financial

"a portion of such Reporting Person's annual board and committee retainer fees"

shares issuable in respect to technical

"shares issuable in respect to a portion"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did VICI director John M. Sullivan receive?

John M. Sullivan was granted 5,562 shares of common stock on September 24, 2026, and directly held 5,562 shares following the grant.

Why did VICI director John M. Sullivan receive shares?

The 5,562 shares were issued under VICI Properties Inc.’s 2017 Stock Incentive Plan in respect to a portion of Sullivan’s annual board and committee retainer fees.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/28/2026 - 05:34 PM Accepted by SEC EDGAR 09/28/2026 - 05:33 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sullivan John M

(Last) (First) (Middle)

C/O VICI PROPERTIES INC.

535 MADISON AVE, 28TH FL

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
VICI PROPERTIES INC. [ VICI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/24/2026		A		5,562(1)	A	$0	5,562	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On September 24, 2026, the Reporting Person was granted 5,562 shares of common stock under the VICI Properties Inc. 2017 Stock Incentive Plan, consisting of shares issuable in respect to a portion of such Reporting Person's annual board and committee retainer fees.

Remarks:

	/s/ Samantha Sacks Gallagher, as attorney-in-fact for John M. Sullivan	09/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)